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Recessions Are Often Viewed as a Period of Defensive Position

Question 58

Multiple Choice

Recessions are often viewed as a period of defensive position for firms.However,shrewd managers initiate strategic successes during downturns.What is an example of this provided in the text?


A) GM's foray into electric vehicles in California
B) Apple's increased R&D spending that lead to the launch of iPod
C) Intel's movement into European markets
D) UBS

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